Los Angeles, CA 90046 859 N Vista Street
$2,700,000
18 more
Presented By: John Katnik with BRC Advisors- BH
Home Details
$100K PRICE DROP! Perfect owner-user opportunity! 2021 construction modern style duplex in located West Hollywood adjacent in the heart of the Fairfax area of Los Angeles! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.70% cap rate, 13.73 GRM and at $699/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs! The property is subject to LA City RSO.
Presented By: John Katnik with BRC Advisors- BH
Interior Features for 859 N Vista Street
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths5
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Street SuffixStreet
Total Stories2
Window FeaturesDouble Pane Windows
General for 859 N Vista Street
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Buyer Agent Compensation2.000
Buyer Agent Compensation Type%
Cap Rate5.7
CityLos Angeles
Construction MaterialsStucco
CoolingCentral Air
CountyLos Angeles
Days on Market109
DirectionsNorth of Melrose and West of La Brea
Facing DirectionEast
Garage Spaces4
Garage Y/NYes
Gross Income196680
HOA / Comm AssnNo
HeatingCentral
LevelsTwo
Lot Size Square Feet6203
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income153958
New ConstructionYes
Occupancy DescriptionTenant
Open Parking Spaces4
Pool FeaturesNone
PossessionClose Of Escrow
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive Under Contract
StatusActive Under Contract
Stories2
Street NameVista
Tenant PaysElectricity, Gas, Trash Collection, Water
Total Units2
Year Built2021
Year Built SourceBuilder
ZoningLAR2
Exterior for 859 N Vista Street
Building Area Total3860
Lot Size Acres0.1424
Lot Size Area6203
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesGarage
SpaNo
Total Parking8
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480